acquisition

Alation acquires Numbers Station to bolster its AI agent offerings

Enterprise /

Enterprise data intelligence platform Alation acquired Numbers Station to help give its customers access to AI agents that run on top of their structured data. Terms of the deal were not disclosed. Numbers Station, which builds AI-native data applications, is a Series A-stage startup that’s raised more than $17 million in venture capital from firms […]

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AI startup Cohere acquires Ottogrid, a platform for conducting market research

AI /

AI startup Cohere has acquired Ottogrid, a Vancouver-based platform that develops enterprise tools for automating certain kinds of high-level market research. Sully Omarr, one of the founders of Ottogrid, announced the deal Friday in a post on X. He didn’t disclose the terms. Ottogrid will sunset its product, according to Omarr, but give customers “ample

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Datadog acquires Eppo, a feature flagging and experimentation platform

Startups /

Datadog is on an acquisition spree. Just a few weeks after snatching up Metaplane, an AI-powered observability startup, the cloud monitoring and security company has acquired Eppo, a feature flagging and experimentation platform. Eppo will continue supporting existing customers and bringing on new ones under the brand “Eppo by Datadog.” Terms of the deal weren’t disclosed,

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Fivetran acquires Census to become end-to-end data movement platform

Enterprise /

After nearly 13 years in business, Fivetran will now be able to offer its customers an end-to-end data movement solution. Fivetran, which helps enterprises move data from a variety of sources into cloud databases, announced on Thursday it has acquired Census, a reverse extract, transform, and load (ETL) platform that enables companies to transfer data

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Datadog acquires AI-powered observability startup Metaplane

Startups /

Cloud monitoring and security platform Datadog on Wednesday announced that it has acquired Metaplane, an AI-powered data observability startup, for an undisclosed amount. In a press release, Datadog said that the deal “accelerates” its expansion into data observability, building on the launch of related products. Metaplane will continue supporting existing and new customers through a

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Next Insurance gets scooped up by Munich Re for $2.6B

Startups /

Germany’s Munich Re has signed a definitive agreement to acquire digital insurance company Next Insurance for $2.6 billion, the firms announced on Thursday. Founded in 2016, Palo Alto-based Next Insurance is focused on providing insurance to small-to-medium-sized businesses. It was last valued at $2.5 billion in late 2023 when it raised $265 million. Next Insurance’s

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Seagate acquires Intevac, which makes equipment for hard disk drives, for $119M

Enterprise /

Seagate, the data storage company, has announced its intent to acquire Intevac, a hard drive equipment producer, in an all-cash deal worth $119 million. Seagate said on Thursday that it’ll pay $4 per share in a tender offer for Intevac, which is publicly traded. Seagate will initially purchase a minimum of “at least one share

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Security compliance firm Drata acquires SafeBase for $250M

Enterprise /

Drata, a security compliance automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR, has acquired software security review startup SafeBase for $250 million. SafeBase co-founders Al Yang (CEO) and Adar Arnon (CTO) will retain their roles, and SafeBase will continue to offer a standalone product while bringing its core solutions to

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Perplexity acquires Read.cv, a social media platform for professionals

Startups /

Read.cv, a social media platform for professionals that competed with LinkedIn, has been acquired by AI-powered search engine Perplexity. As part of the deal, Read.cv will begin to wind down operations today. Users will be able to export their data, including their profiles, posts, and messages, until May 16. “We’ve long admired Perplexity and believe

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